EU Clamps Down on Bitcoin in Bid to Curb Terrorism Funding – Bitcoints

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Published on November 20th, 2015 | by bitcoin

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EU Clamps Down on Bitcoin in Bid to Curb Terrorism Funding

EU Clamps Down on Bitcoin in Bid to Curb Terrorism FundingA Bitcoin (virtual currency) paper wallet with QR codes and coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris July 11, 2014.
Reuters/Benoit Tessier

European Union countries plan a crackdown on virtual currencies and anonymous payments made online and via pre-paid cards in a bid to tackle terrorism financing after the Paris attacks, a draft document seen by Reuters said.
EU interior and justice ministers will gather in Brussels on Friday for a crisis meeting called after the Paris carnage of last weekend.
Electronic anonymous payments can be made also with pre-paid debit cards purchased in stores as gift cards.
EU ministers also plan “to curb more effectively the illicit trade in cultural goods,” the draft document said.

Source: Mobile.reuters.com

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